Cyberspace Communications finances for August 2003

Sep 2 22:14 UTC 2003

Here is the treasurer's report on Cyberspace Communications, Inc. finances 
through August 31st, 2003.

Beginning Balance     $4,591.15

Credits                 $348.00         Member contributions
                         $20.00         Proceeds from the 7th Grex auction
                          $1.47         Interest on our savings account
                   ------------
                        $369.47

Debits                   $80.41         Pumpkin Rent for September
                         $45.97         Electricity for August
                        $158.70         Phone Bill
                        $135.00         DSL August 15 through September 15
                          $4.04         Paypal fees (income = $90)
                         $52.98         Two new batteries for UPS
                          $6.73         Pumpkin keys for our new staffers
                        $525.00         Insurance premium
                         $10.00         Filing fee for Corp Info Update
                   ------------
                      $1,018.83

Ending Balance        $3,941.79

Our current balance breaks down as follows:

$3,705.25               General Fund
  $153.99               Silly Hat Fund
   $60.00               Spare Parts Fund
   $22.55               Infrastructure Fund

The money is distributed like this:

  $577.83   Checking account
$3,363.96   Savings account earning 0.65% interest annually

We had no new members in August.  We are currently at 79 members, 75 
of whom are paid through at least September 15th.  (The others expired 
recently and are in a grace period.)

Notes:

- janc was stand-in treasurer for most of this month, while I was away 
on vacation.  Thanks Jan!

- The interest rate on our savings account has dropped to 0.65%.

- STeve discovered that we needed two more batteries for the UPS in 
addition to the 4 we bought in May.  Batteries cost $25 each.

- The board approved three new Ann Arbor staffers recently, so kip had 
keys made so they can all get into the Pumpkin when necessary.  He 
also made a couple of extra ones.

- Our lease requires us to carry liability insurance.  The premium 
keeps going up: three years ago it was $300, two years ago it was 
$375, last year it was $475, and this year it's $525.  mary shopped 
around last year and concluded that what we had was really the best 
deal we could get.  At that time, a State Farm agent offered us a 
better deal but the company then backed out of it.  That was rather 
nerve-wracking, since we had to find something else in a hurry.  So no 
one on the board and staff felt like doing any more shopping this 
year.  In the long term, we will need to do something if the premium 
keeps rising.

- Every year Grex has to submit a form to the State of Michigan called 
the "Corporation Information Update".  It states our mailing address, 
our resident agent, and the names and addresses of the board of 
directors.  The filing fee is $10, though next year it will be $20, 
because of some act of the legislature.

Thanks to everyone who contributed in August:

bruin, coyote, jokach, jplatt, kaplan, krj, lkogan, n8rxs, scott, and 
witling.

If you or your institution would like to become a member of Grex, it only
costs $6/month or $60/year.  Send money to:

Cyberspace Communications
P. O. Box 4432
Ann Arbor, MI 48106-4432

If you pay by cash or money order, please include a photocopy of some form of
ID.  I can't add you to the rolls without ID.  (If you pay with a personal
check that has your name pre-printed on it, we consider that a good enough
ID.)  Type !support or see http://www.cyberspace.org/member.html for more
info.

response 2 of 23:

Sep 3 02:30 UTC 2003

I'd gotten the impression the double-fee was for a late filing.  I might have
mis-read the fine print, though.

response 4 of 23:

Sep 16 14:02 UTC 2003

Technical problem:  It is not "Cyberspace Communications, Inc." but rather
"Cyberspace Communications."

response 6 of 23:

Sep 16 15:29 UTC 2003

The name of the organization does not include ", Inc." as you posted in #0.

response 8 of 23:

Sep 17 03:57 UTC 2003

It's a distinction without a difference.

response 10 of 23:

Sep 17 13:01 UTC 2003

aruba is dumb.

response 12 of 23:

Sep 17 15:28 UTC 2003

Whatever.

response 14 of 23:

Sep 17 20:09 UTC 2003

That might be worth investigating and correcting if there's any merit to 
it.  Thanks, Jamie, for pointing it out.

response 16 of 23:

Sep 25 19:34 UTC 2003

other is a lot smarter than aruba.

response 18 of 23:

Sep 26 03:11 UTC 2003

Oh? aruba seems to be a lot dumber than other.

response 20 of 23:

Sep 26 12:17 UTC 2003

And intelligence.

response 22 of 23:

Sep 28 16:30 UTC 2003

What's a lovelace?